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The dividend is payable to all class of shares, including super-voting Class B shareholders, as well as nonvoting Class C shareholders. Most Google investors own the company through Class A shares.
In finance, a Class B share or Class C share is a designation for a share class of a common or preferred stock that typically has strengthened voting rights or other benefits compared to a Class A share that may have been created. [1] The equity structure, or how many types of shares are offered, is determined by the corporate charter.
Google parent Alphabet, flush with cash will pay its first-ever dividend joining rival Meta and other tech titans such as Apple and Microsoft. ... Shares tumbled 10.56%, the worst session since ...
The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share.
On August 10, 2015, Google announced plans to create a new public holding company, Alphabet Inc. Google co-founder and CEO Larry Page made this announcement in a blog post on Google's official blog. Alphabet was created to restructure Google by moving subsidiaries from Google to Alphabet, thus narrowing Google's scope.
GOOG shares split into GOOG class C shares and GOOGL class A shares. The company is listed on the NASDAQ stock exchange under the ticker symbols GOOGL and GOOG, and on the Frankfurt Stock Exchange under the ticker symbol GGQ1. These ticker symbols now refer to Alphabet Inc., Google's holding company, since the fourth quarter of 2015.
The Class A and Class C shares of Alphabet, Inc. tend to move in tandem pricewise, with little difference between the two. For example, on Oct. 28, 2022, GOOG closed at $96.58 and GOOGL closed at ...
An example of a company that uses super-voting stock is Alphabet, the parent company of Google. It has three classes of shares: Class A, Class B, and Class C. Its Class B shares are super-voting shares, which confer 10 votes per share. They are only held by founders and insiders, and can't be publicly traded. See also. Preferred stock
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related to: google class c shares